Currency exchange rate Bermudian Dollar against the Naira. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Bermudian Dollar currency exchange rate against the Naira currency:
currency exchange rate history, background information, prediction and more about BMD/NGN
Chart of History of changes in the BMD/NGN exchange rate
BMD/NGN exchange rate on today
05 31, 2024
1 BMD = 1,335 NGN
▼ -0 %
This page provides information about the currency pair Bermudian Dollar/Naira, and more precisely about how much 1 Bermudian Dollar costs in Naira.
Data on the currency pair BMD/NGN are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair BMD/NGN and make a balanced decision about buying and selling the currency you are interested in.
The page also provides information about the dynamics of the exchange rate of Bermudian Dollar/Naira, statistics and prediction of the exchange rate of these currencies in the near future from our experts.
How to make a forecast for currencies and cryptocurrencies?
There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:
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Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.
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Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.
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Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.
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Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.
In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.
Change in the BMD/NGN exchange rate over the past 30 days
For the last 30 days (05 02, 2024 — 05 31, 2024) the Bermudian Dollar exchange rate against the Naira currency changed by -4.43% (1,396 NGN — 1,335 NGN)
Change in the BMD/NGN exchange rate over the past 90 days
For the last 90 days (03 03, 2024 — 05 31, 2024) the Bermudian Dollar exchange rate against the Naira currency changed by -15.43% (1,578 NGN — 1,335 NGN)
Change in the BMD/NGN exchange rate over the past 365 days
For the last 365 days (06 02, 2023 — 05 31, 2024) the Bermudian Dollar exchange rate against the Naira currency changed by 189.33% (461.25 NGN — 1,335 NGN)
Change in the BMD/NGN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 31, 2024) the Bermudian Dollar exchange rate against the Naira currency changed by 263.64% (367 NGN — 1,335 NGN)
Bermudian Dollar/Naira price prediction
Bermudian Dollar/Naira price prediction for the next 30 days*
01/06 | 1,324 NGN | ▼ -0.76 % |
02/06 | 1,324 NGN | ▼ -0.07 % |
03/06 | 1,323 NGN | ▼ -0.01 % |
04/06 | 1,323 NGN | ▼ -0 % |
05/06 | 1,330 NGN | ▲ 0.49 % |
06/06 | 1,323 NGN | ▼ -0.49 % |
07/06 | 1,333 NGN | ▲ 0.73 % |
08/06 | 1,349 NGN | ▲ 1.17 % |
09/06 | 1,357 NGN | ▲ 0.61 % |
10/06 | 1,360 NGN | ▲ 0.21 % |
11/06 | 1,360 NGN | ▼ -0 % |
12/06 | 1,388 NGN | ▲ 2.06 % |
13/06 | 1,402 NGN | ▲ 1.02 % |
14/06 | 1,430 NGN | ▲ 2 % |
15/06 | 1,438 NGN | ▲ 0.59 % |
16/06 | 1,409 NGN | ▼ -2.05 % |
17/06 | 1,386 NGN | ▼ -1.61 % |
18/06 | 1,386 NGN | ▼ -0 % |
19/06 | 1,418 NGN | ▲ 2.3 % |
20/06 | 1,384 NGN | ▼ -2.39 % |
21/06 | 1,334 NGN | ▼ -3.63 % |
22/06 | 1,342 NGN | ▲ 0.58 % |
23/06 | 1,353 NGN | ▲ 0.84 % |
24/06 | 1,365 NGN | ▲ 0.92 % |
25/06 | 1,365 NGN | ▼ -0 % |
26/06 | 1,370 NGN | ▲ 0.34 % |
27/06 | 1,329 NGN | ▼ -3 % |
28/06 | 1,306 NGN | ▼ -1.73 % |
29/06 | 1,271 NGN | ▼ -2.7 % |
30/06 | 1,217 NGN | ▼ -4.2 % |
* — Price prediction of the Bermudian Dollar/Naira currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.
Bermudian Dollar/Naira price prediction for the next 3 months*
03/06 — 09/06 | 1,310 NGN | ▼ -1.82 % |
10/06 — 16/06 | 1,217 NGN | ▼ -7.16 % |
17/06 — 23/06 | 1,093 NGN | ▼ -10.12 % |
24/06 — 30/06 | 1,027 NGN | ▼ -6.07 % |
01/07 — 07/07 | 944.61 NGN | ▼ -8.03 % |
08/07 — 14/07 | 946.68 NGN | ▲ 0.22 % |
15/07 — 21/07 | 1,112 NGN | ▲ 17.5 % |
22/07 — 28/07 | 1,157 NGN | ▲ 3.98 % |
29/07 — 04/08 | 1,203 NGN | ▲ 4.03 % |
05/08 — 11/08 | 1,239 NGN | ▲ 2.95 % |
12/08 — 18/08 | 1,215 NGN | ▼ -1.94 % |
19/08 — 25/08 | 1,057 NGN | ▼ -12.97 % |
Bermudian Dollar/Naira price prediction for the next year*
06/2024 | 1,336 NGN | ▲ 0.14 % |
07/2024 | 1,336 NGN | ▼ -0.04 % |
08/2024 | 1,331 NGN | ▼ -0.34 % |
09/2024 | 1,354 NGN | ▲ 1.68 % |
10/2024 | 1,379 NGN | ▲ 1.89 % |
11/2024 | 1,383 NGN | ▲ 0.25 % |
12/2024 | 1,573 NGN | ▲ 13.73 % |
01/2025 | 1,989 NGN | ▲ 26.51 % |
02/2025 | 2,549 NGN | ▲ 28.13 % |
03/2025 | 2,207 NGN | ▼ -13.43 % |
04/2025 | 2,406 NGN | ▲ 9.02 % |
05/2025 | 2,313 NGN | ▼ -3.87 % |
Bermudian Dollar/Naira exchange rate statistics
For 30 days | |
---|---|
Minimum | 1,335 NGN |
Maximum | 1,517 NGN |
Weighted Average | 1,436 NGN |
For 90 days | |
Minimum | 1,151 NGN |
Maximum | 1,611 NGN |
Weighted Average | 1,393 NGN |
For 365 days | |
Minimum | 462 NGN |
Maximum | 1,611 NGN |
Weighted Average | 994.31 NGN |
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